Puma Expands Brunswick North Project and Appoints Technical Board Advisor

RIMOUSKI, QUEBEC--(Marketwired - Oct 21, 2014) - Puma Exploration (TSX VENTURE:PUM) has significantly expanded its Brunswick North project by staking 57 additional claims. The Brunswick North project now consists of 30 optioned claims covering 650 hectares and 57 staked claims covering 1,222 hectares, for a total of 87 claims covering 1,872 hectares. These new mineral claims were staked in order to cover the geological extensions of the projected mineralized trend to the north, the northeast, and towards the south of the option agreement claims reported in our last press release dated October 16, 2014. Prospecting and a second phase trenching program are currently underway.

To view a Brunswick North project map including the newly staked claims, please visit the following link: http://media3.marketwire.com/docs/BrunswickNorthNewClaims1021.pdf

Appointment of Technical Advisor

We are pleased to announce that Jeff Hussey of Jeff Hussey and Associates Inc. has joined Puma as a technical advisor to the Board of Directors. Jeff, a native of New Brunswick and currently based in Montreal, is a geologist with over 30 years of international experience and is a Qualified Person as defined by NI-43-101 guidelines. There are several aspects of his career experience that are particularly applicable to Puma's New Brunswick projects.

From 1988 to 1996 Jeff was employed by Brunswick Mining and Smelting Corp. and Noranda Exploration in various capacities within the Bathurst Mining Camp. This work included mineral exploration throughout the Brunswick No. 12 No. 6, and Heath Steele mine areas. He was a Production Geologist at the Brunswick No. 12 mine, and also led the digital compilation of all previous work on the Brunswick Belt of Properties.

Following his work in the Bathurst Mining Camp, Jeff spent three years as Chief Geologist for Noranda at their large Gaspe Copper Mines operation. There are many geological similarities between the Gaspe Copper porphyry orebody and the mineralization so far encountered at Puma's large Nicholas-Denys porphyry system near Bathurst. Both systems are large porphyries and both have associated skarn mineralization.

Subsequent to his career working for Noranda, Jeff spent three years with Compania Minera Antamina in Peru during the construction and start-up phase of the large Antamina copper-zinc skarn deposit in the high Andes. His Antamina experience is particularly relevant to Puma's Nicholas-Denys and related Rocky Brook Corridor skarn deposits. Many geological similarities exist between the two geological models as well as possible similarities in the distribution of endo- and exo-skarn mineralization.

"We are excited to have Jeff on board. Our 2014 year-end exploration programs are in full swing at our Turgeon VMS project, the Rocky Brook Corridor portion of our Nicholas-Denys project and at our newly acquired Brunswick North project. Jeff's experience and detailed insight into the geological specifics of the Bathurst Mining Camp will greatly increase the effectiveness of our work", stated Marcel Robillard, Puma Exploration's CEO and President.

About Puma Exploration

Puma Exploration is a Canadian mineral exploration company with advanced precious and base metals projects in Canada. The Company's major assets are the Nicholas-Denys Silver Project and Turgeon Copper Project in New Brunswick and the Little Stull Lake Gold Project in Manitoba. Puma is actually focusing its exploration efforts more in New Brunswick, Canada.

Learn more by clicking here: www.pumaexploration.com

The contents of this press release were prepared by Marcel Robillard, a Qualified Person as defined in NI 43-101. Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Forward-Looking Statements: This press release may contain forward-looking statements. Such forward-looking statements involve a number of known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of Puma Exploration Inc. to be materially different from actual future results and achievements expressed or implied by such forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date the statements were made. Except as required by law, Puma Exploration undertakes no obligation to publicly update or revise any forward-looking statements. These risks and uncertainties are described in the quarterly and annual reports and in the documents submitted to the securities administration.